June 2025: Raoul Pal The Journey Man's Monthly Recap
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Jun 29, 2025
Discover the evolving landscape of investing, from emerging markets to the world of cryptocurrency. Explore how digital currencies can reduce poverty and empower economies. Learn about global liquidity's influence on Bitcoin and new risk assessment methods. Dive into market cycles and the crucial indicators of overbought or oversold conditions. Plus, insights on protecting individual privacy in a data-driven world make this discussion both timely and relevant!
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Crypto as a Frontier Market
Investing in frontier markets like Pakistan or Bangladesh involves complex market access and governance challenges.
Raoul Pal compares the crypto economy to these emerging and frontier markets with similar difficulties and volatility.
insights INSIGHT
Digital Value Empowers Poor
Poverty stems from lack of capital, not laziness or stupidity.
Digital stores of value like Bitcoin and stablecoins empower the poorest globally by enabling capital formation.
insights INSIGHT
Dollar Cycle Signals Correction
The U.S. dollar may undergo a short-term rise before a corrective phase around August to September.
This dollar movement will influence financial conditions and the broader economy's timing of peaks and corrections.
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Join us as we revisit the best moments from The Journey Man throughout May. From deep macro insights to bold crypto predictions and breakthrough tech trends, Raoul Pal takes us on a thought-provoking ride across seven standout episodes:
⚪ Julien Bittel
https://youtu.be/k0ljkkVWaqA
⚪ Manny Stotz:
https://youtu.be/VhZxXIqoRUw
⚪ Jamie Coutts:
https://youtu.be/BbIxTIpPjtg
Timestamps:
00:00 Intro
00:39 Market-access & governance hurdles
01:49 Digital stores of value → poverty reduction
03:07 Global M2 & USD setup for correction
04:15 Easing financial conditions ahead
04:52 Dollar wave 3 count → correction signal
05:56 Phase 2 vs Phase 3 dollar cycle explained
06:28 Liquidity cycles & BTC sensitivity
07:29 April M2 breakout → BTC +40% rally
09:11 Introducing global-liquidity risk score
11:29 Layer in leverage & unrealized-profit risk
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